innovation center the company is also registered in the united states and we've already applied for u.s. patent and right now are looking for a strategic investor to help us turn a promising technology into a commercially successful product. unique jewel channel system for the accuracy of speech recognition as well as helping abby to write is the technology may be used to control domestic appliances in the home of the future. because he's already one of the country's innovation leaders but if it's going to stay there it's going to need a constant supply of young talent so the next stop of. many universities to meet some of the city's future innovators. in something like. national research technological university can trace its roots back to eight hundred ninety . one of the. universities in the country with over twenty six thousand students studying here it's also the largest technical university in russia one of the strengths of biochemistry. inspired by a speech made from carrots extracts must his students. has developed a unique starch based formula for making biodegradable carrier bags in c

u.s. patents, more than 400 worldwide patents in the electronics competitive.o three stocks for you to watch, melissa. melissa: jo, thanks so much. >> anytime. melissa: twitter is the talk of the time as shares move higher. we're bringing you a wall street throwdown with our very own charlie gasparino and andrew keane from the cme. you love twitter, right? >> i love twitter. let's face it ace crappy company. melissa: that is not what you said in the break. you use ad different word. no, don't use it. >> trying to get me fired, right? security will never going to catch me. melissa: no. >> i will say this. listen, it is hard to fight the fet fed. it is impossible to fight the fed. when you have janet yellen out there saying she will print money forever which she basically said today, markets like that. the minute you start waning off this -- weaning off this fake stuff they're putting out there, then companies and stocks -- melissa: stand on their own two feet. >> stand on their own two feet. if you look at twitter it is a company where the user profile, number o

yes, the u.s. patentsaid they're not going to issue a patent on this phrase because they determined that it is derogatory term. there is a follow-on case before the patent office related to the team. so, we expect them to take action. we hope the fcc will look at this issue as well as them communicating this issue. and we certainly are going to look at the tax code because right now, america has enough problems instead of giving a tax break to somebody who continues to perpetrate really what is a very racially slurred word to native-americ native-americans. >> i agree with that, senator. look, you're the chair of the senate indian affairs committee. you're not new, you've been dealing with these issues for a long time. a lot of people want to characterize the way that native-americans feel about the issues and cite certain polls that might have come out. what are you hearing from american indians, native-americans in your district, around the country about how they feel about the washington team's name? >

a few months ago opened the first permanent outpost in silicon valley for the u.s. patent and trademark office and that was welcome news to many of you in the room. no wonder the commerce secretary, miss pritzker is enthusiastic about internet policy and entrepreneurship, she was raised and schools inside the valley, in silicon valley where she went to middle school and high school in the valley and getting her mba at stanford university so no wonder she is enthusiastic about technology. this is part of trademark, silicon valley, part of her open for business agenda which she has been promoting aggressively throughout her tenure. we are so thrilled to have the commerce secretary with us today and we appreciate it. let me introduce commerce secretary penny pritzker. [applause] >> good morning, everyone. how are you? thank you very much, great to be here with all of you and thanks to everyone at the internet education foundation for all work you are doing to bring the keyboards together and internet policy. kim said i grew up in the bay area which i did. i hate to date mysel

the other thing too is he actually has allegations that the giants stole his u.s. patentral court jurisdiction by statute. so that's got absolutely no business being in this complaint. look, as doug was saying, as a philadelphia eagles fan excuse me for one second i can't believe that there's a market for giants memorabilia. but i guess there is. >> there is so much rivalry in this room night now i should perhaps duck between the two of you. so it's true, this guy who filed may actually, if the case goes away, have to pay all this money? >> yes, i mean, look, it's very possible. you know, as fred said, i mean you have exclusive federal jurisdiction that he includes in his complaint. the thing is 65 pages long. it's like war and peace for the media, as fred said. and some of the causes of action are really a stretch. >> i got to go, doug, i got ten seconds, though. fake merchandise out there. is actionable, correct? >> oh, yeah. and by the way, it's a pretty sordid business. there is fake merchandise out there. >> guys enjoy the game -- >> what game? >> despite the fact th

research has found that immigrants patent at twice the rate of u.s.-born citizens, and patent at an above average rate even after controlling for their overrepresentation in technical occupations. immigration also has spillover benefits for native inventers with research finding that variations in patent activity across the states is tied to changes in states' immigrant population. moreover, immigrants are more likely to start a business and engage in other forms of entrepreneurship. cbo affirmed the this view when it evaluated the senate-passed immigration bill finding that total factor productivity would be a full percentage point higher in 2033 under the legislation. and these innovations can translate into significant economic outcomes. fully 40% of the fortune 50 to 0 companies were started by immigrants -- 500 companies were started by immigrants or their children. while we're trying to ea tract inventers and entrepreneurs from overseas to the united states, we're also focused on selling more u.s.-made products the other direction. by completing

security, and other corporations around the world do not respect the same kinds of patent rights, should that mean that u.srations should be able to behave in the same way? >> it is a hard question. we have the overseas bribery act which prevents american companies from doing what many other foreign companies do. that is -- has worked fairly effectively. i think the u.s. is too aggressive in going after foreign companies that have no connection to the u.s. who are doing business in far-flung parts of the world. in general, we expect more of our american citizens trade we protect them more and we expect more of them than we expect of people in other parts of the world. >> can you tell us what you would like people to take away from reading your latest book? >> i think we need a single standard of justice. that is what i advocate. we had this recent episode where waslett johansson are -- pilloried for doing an ad focomg city.inians in a a group like oxfam said she could not work for them anymore as a result. double standard. oxfam should be interested in feeding hungry people, not in denying palestinian's wh

bermuda that controls the rights to all of its intellectual property and software patterns -- patents outside the u.spertise is designing window displays and the interior stores. that raises eyebrows because how valuable can that be? you walk in the store and how it is laid out is important, but it is fairly obvious as you walk around that it is not secret software codes or the formula behind a valuable cancer drug. this is something you can see as you walk around the store. why should so much profit be attributed to a subsidiary whose expertise is that as opposed to more complex software. >> thank you. jesse drucker joining us on the itek story. one of the best track records in the business. it is a record year. a 22% gain in profit. he is so ingrained within the u.s. economy. he has holdings in energy, infrastructure, trucker and, banks, more than 80 companies. interesting exception, his second-biggest -- coca-cola. fears about sugar content, where word about our health. that one did not pay such good dividends. what did pay good devin -- dividends is heinz. he has done particularly well 280it seem

go bacts about national security, and other corporations around thethe kinds of patent rights, should that mean that u.srations should b le to ouldve in the sa way? it is a haray? ition.ayi which prevents americanibery aca companies from doing what manyty nyher foreign companr fore. that has worked fairly effectively.fect i think the u.s. is too aggressive in goagg after foreign companies that have no connection to the u.s. who areuw doing business in far-flung parts of the world. in general, we expect more of s r american citizens trade we protect them morprand we exp mtm more of them than we expect of people in other parts of the world. >> can yell us what youu would like people to take away from reading your latest book? >> i think we need a singlestan. that is what i athat ie. scarlett johansssc was pilloried for doing an ad for a companyd n at is employing pa is inians in a c israel.l. a group like oxfam said she could not work for them anymore esult. that is a double standard. stanr feeding hungry peoplin not in in denying palestinian's who want jobs the right to work in a part of israel that will

there are two million patents sitting on the sidelines that need to be in the u.s.t in there. david: why not? >> here's why. the only way to make a deal in america is to go to court. if you're an inventer or businessman, you can't make a deal without going to court. if you have a business and only way to go to market to go to court, guess what you have 6,000 court cases. david: i'm not sure i understand. if i have a winning invention why do you have to go to court to -- because immediately y'all have somebody sue me. >> no, even worse. if you have invention and call the company i want to you license my invention, many times the company looks at patent, this is i don't really think this is what i do, so i don't have to pay you. similarly a company looks at a patent what does this really mean? does it cover what we're doing, does it not? a patent is argument, literally an argument. if only place you solve an argument is in court you're in trouble. what we need is a whole new voluntary system. we need a system like no fault. instead of having a fight like we do, we use

patent was never applied for. some people assume they originated in france. others in italy or the u.s. two reasons explain their success. they are light and they are stackable. >> the plastic chair is definitely a global object. whether it is an object of globalization is not seriously disputed. that is not why it is so fascinating, provides an excellent opportunity to collect pictures of plastic chairs from all over the world. >> weather in norway, cuba, or a workplace in rwanda, plastic chairs are everywhere, in all sorts of colors. henning wotzel-herber now runs two websites, both of which are devoted only to the monobloc. he has collected photographs, stories, videos, and music. >> on plasticchair.org, any photo by anyone is welcome. there are still enough blank spots on the map where i do not yet have a plastic chair picture. and i would like to change that. >> with more than a billion monoblocks out there, the plastic chair is now the most commonly-found piece of furniture in the world, whether you like it or not. >> undeniably value for money, that maybe the wrong value there. a

patent dispute. the terms of the settlement have yet to be disclosed, but the u.s. international trade commission was to announce whether it would impose an import ban on htc devices. one million i bank employees are expected to stay away from work, call for higher wages. they have an offered a 10% rise. unions are also protesting reforms that would allow private companies into the banking sector. the strike is expected to continue tomorrow. the latest trade figures showed japan even more out of balance as the deficit widens. it puts more pressure on prime minister all they -- prime minister abe. >> we're taking a look at these numbers. we are talking a record deficit for the month of december. billion yen. that translates to $6.2 billion. this matters because it is the broadest gauge of the rest of the world. it counters trade in terms of services, goods, tourism, and foreign investment and return on foreign and. you are looking at the end. the yen has been depreciating since late 2012. costs, using up import -- pushing up import costs. you have to take a look at t

u.s. forces had already adapted to the environment and in any case security was already improving in iraq. i think this is patently false. become insurgency manual that was produced and published in december 2006 finally put a uniform stamp on the operational construct and the tactics used by u.s. forces in iraq but before then it'd been very hit or miss. as for security being good, before the surge, i'm sorry, that violence had already and i'm here is a graph of the violent incidents in iraq. laser is not working, you can see as the surge begins in january 2007, the number of incidents is at an all time high and remained tied for several months. it isn't until june 2007 operation phantom thunder, all the surge troops on the ground does violence begin to ebb substantially. so you can see right here and then right here. but the surge begins right here. so violence had not ebbed. number two, the awakening was the real reason for the improvement is a good but it was a huge reason the here's general petraeus with shaikh sadr, one of the primary sheikhs involved in the awakening right out of central casting of lawrence

u.s. economy has been growing exports. now 3/5 of exports go to the developing world. a richer china or india in vent new stuff. they make money from patents and royalties, but we benefit, we benefit from those new technologies. richer india and china, africa produce more innovators, many of whom come total united states. a big part of silicone valley is attracting those to technology officers driving the potential of silicone valley. there are huge jump sides for the rest of the world getting better off. >> we have a social media question for you. >> tony b. wrote to us saying: he basically says given your article's conventional wisdom, do you find you are largely alone in your view? >> it's not a hugely popular view, reflecting the sort of washington attitude if one side's up, the other's down. that's a really dumb way to think about its national relations. international relations is largely about positive sums, partnership, meaning both sides are better off. that's true in trade, investment and migration. it's true if we can come to peace agreements globally, areas line serbia. if we can work together with russia and china to create pea

patently false. the number, jobs aren't coming back. i think an estimate around 20,000 jobs in the last few years compared to the 160 million jobs in the u.sybe trickled in. a small anecdotal thing. the reality, those jobs are gone forever. the old jobs. new jobs are coming around because of the global economy and 2 billion people out there. >> on net losing, still bleeding manufacturing jobs. >> yes. >> dan, how do you react to that? >> yeah. >> and to phillip's allegation that in some cases companies are using the fact that they're adding domestic manufacturing jobs as a marketing tool to make customers feel good about them? >> absolutely. there's no doubt we've lost a tremendous number of manufacturing jobs. those the old manufacturings. what we did in this country, failed to recognize the importance of manufacturing to america. that's not political. it's common sense. we need to identify how to bring them back but how to create new jobs in the new era of manufacturing. >> what kind of jobs are you talking about? new manufacturing jobs as opposed to old tool and dye stuff? >> right. look at what's happening. innovation is key. tuesday t

patently false. >> but rice's statement does not stand up to close scrutiny. the intelligence committee report found that, quote, contrary to many press reports at the time, eyewitness statements by u.ses there were no protests at the start of the attack. the committee's senior republican recently described the evidence. >> we knew, the intelligence community knew, within hours at most, probably less than that, that this was a terrorist attack. that it was not a reaction to a trailer of a movie. >> and one day before rice's sunday show appearances, the senate report confirmed that an e-mail from the cia's top officer on the ground in libya to a cia leadership in washington emphasized that the attacks were not an escalation of protests. the former cia deputy director mike morrell who got the e-mail is phasing new calls to testify after public allegations he misled the community and was not forthcometic about his meeting one day before rise went on television. >> it was mike morrell who rewrote the talking points. he said at an effort to appease everybody who sat around the table, meaning all the different agencies, and the national security staff. >> morrell did not respond to specifi

patent infringement dispute. the terms of the settlement haven't been disclosed, but htc will be paying royalties to nokia. the u.sional trade commission has been scheduled to announce today whether it would impose an import ban on htc devices. that is a wrap on your top company news. i'm david in place in hong kong. >> we are also counting down to the open in japan. to japan.over the nikkei 225 less close on friday, more than 2% up. according to futures in chicago, it is going to add about 300 points at the start of the session. the yen right now is weakening. that is going to help improve the earnings outlook story for exporters. 102.56. a formern japan, health minister enjoying the support of the ruling party is the new governor of tokyo. yoichi masuzoe defeated to rival candidates in an election fought on the economy, jobs, and nuclear power. let's head over to tokyo right now and our asia columnist willy pesek. this result is not necessarily a surprise, but certainly, it was causing a little bit of concern when it into their nuclear stance. explain that little bit. >> certainly, the ldp is there he happy toda

patent issuers in the history of the country. we invest six percent of our revenue back into research and development. 65% of our backlog is outside the u.s. that's where the markets are. we have high market shares. you should think about us as someone who is punching around the world. we are the second biggest exporter after boeing. when we locate a facility in your state, it is to serve all the countries around the world. we have a valuable brand, the six most valuable brand in the world. back into r&d, expenditures. we keep investing back into the economy and do that everyday. 135,000 employees in the u.s.. we have more than 200 factories in the u.s., and about 93,000 of our employees are in manufacturing and engineering. grown about 9% since the financial crisis. we create in ge we create eight in the supply chain. upon small dependent and medium business. we purchase $15 billion a year from companies less than $100 million in revenue. we are dependent on the extended enterprise system in this country. we have strong financial footing with small and medium businesses. tale inind of the terms of the global economy. when you host us in

patent issuers in the history of the country. we invest six percent of our revenue back into research and development. 65% of our backlog is outside the u.s. that's where the markets are. we have high market shares. you should think about us as someone who is punching around the world. we are the second biggest exporter after boeing. when we locate a facility in your state, it is to serve all the countries around the world. we have a valuable brand, the six most valuable brand in the world. we invest back into r&d, expenditures. we keep investing back into the economy and do that everyday. we have got 135,000 employees in the u.s.. we have more than 200 factories in the u.s., and about 93,000 of our employees are in manufacturing and engineering. that has grown about 9% since the financial crisis. for every job we create in ge we create eight in the supply chain. we are very dependent upon small and medium business. we purchase $15 billion a year from companies less than $100 million in revenue. we are dependent on the extended enterprise system in this country. we have strong financial footing with small and medium businesses. that's kin

u.s. government efforts to support security. this is something that obviously has the attention and focus of the intelligence community and other elements of our national security apparatus and the patent to -- attention of the president. we will keep monitoring and provide information if necessary if it changes our view about the security situation. >> the following yesterday's meeting monopolists senate democrats him one of the colleagues referred to as the field of advanced, a democrat who was there said that the president basically talked a little bit about his standing. to that effect, does the president conceded his appearance in some states or he is unpopular would do more harm than good? >> the president is going to assist democrats in every way he can. >> more harm than good in some states? >> i think that the decisions about how different candidates campaign and what they would like in terms of assistance, you know, something you can ask those individual candid it's about. >> but he doesn't think that way. >> i think that the president is just going to do what he can to assist democrats. i think he has in the well. i don't think, you know, the environment this year is qualita

u.s. supreme court in section has been leaked on line. this is a serious breach of protocol. the video is from wednesday's oral arguments on a patent99rise.org. that group is fighting the influence of money in politics. watch what happens moments later when a protester stands up to demand a change in campaign finance laws. >> i rise on behalf of the vast majority of the american people who believe that mop any is not speech, corporations are not people and money is not, to the highest. overturn citizens united keep the cap in mccutchen. >> the justices ignored him. he was escorted out. evan perez joins me live. it was interesting to see the inside of the supreme court. most people never get to see that. >> that is quite true. it is a very surreal scene. i have been turned back at the door if i didn't have the right notebook. there are very tight security restrictions on getting into that room. that's what makes this so unusual. for years, the justices have had a recent ad campaign to push the issue. it has gone nowhere. it probably was his cell phone. that's what it looks like. obviously, you go to the spy wear store and you might

patent issuers in the history of the country. we invest six percent of our revenue back into research and development. 65% of our backlog is outside the u.s. that's where the markets are. we have high market shares. you should think about us as someone who is punching around the world. we are the second biggest exporter after boeing. when we locate a facility in your state, it is to serve all the countries around the world. we have a valuable brand, the six most valuable brand in the world. back into r&d, expenditures. we keep investing back into the economy and do that everyday. 135,000 employees in the u.s.. we have more than 200 factories in the u.s., and about 93,000 of our employees are in manufacturing and engineering. grown about 9% since the financial crisis. we create in ge we create eight in the supply chain. upon small dependent and medium business. we purchase $15 billion a year from companies less than $100 million in revenue. we are dependent on the extended enterprise system in this country. we have strong financial footing with small and medium businesses. tale inind of the terms of the global economy. when you host us in

u.s. citizen children and the children as soon as they are 21 can sponsor you. or you can have your employer sponsor you. host: how long can they wait before taking one of those patents -- paths? guest: i think -- host: details need to be worked out. guest: they can be here indefinitely just under this stamp that says i'm here, i can work. there are some people who find that to be a little upsetting, but when i talk to undocumented immigrants from that is really all they want. get aea of being able to drivers license or not having to worry about being pulled over if you are driving without a license is amazing to them. a few tweets on our twitter page. guest: i mean, those are both very good points. one of the things i've been really fascinated with and talking to republicans in congress is they say they don't trust the president to enforce the law, but that they are very quick to say "we don't trust any president to enforce immigration laws." enforcing immigration law is really hard. it costs a lot of money and takes a lot of effort. it is not unlike the war on drugs were they just keep coming and you just keep battling them. it is a difficult thing to do and there

u.s. government earn any money by licensing technology that is developed in nih laboratories or by nih research contractors? if an investigator in our intramural program, an investigator who is on the nih campus, develops and patents something, then that investigator and the nih will get funds if it is licensed. patentst get funds from and things that are developed at the university. 9/10 of our money goes out to universities and medical schools across the whole country. every state has nih funding. that case, the investigator and the university hold the orent and they get royalties income from their discoveries. host: joe, pennsylvania. caller: good morning. i was wondering, does your agency do any investigation into chiropractic manipulation injuries? the a survivor, one of luckiest people alive. we talked about many kinds of stroke, blood pressure, so on and so forth, but nobody talks about this. hope, somewhere along the line, you will open your chapter up and investigate that. many people are injured by chiropractors and their neck manipulation. chiropractic manipulation way that kind of dissection can a cure. that is a topic that we investigate, no matter what the cause is. itare interested in why occurs and

u.s. and i has been used for years as alternative therapy for cancer but there are concerns that pharmaceutical companies will not run the trials because vitamins cannot be patentedof bed in the morning can be tough at any age but a study fines children and teens are turning to caffeine for the pick me up. according to the centers for disease control nearly 3 out of 4 kids consume caffeinated beverages every day and found soda is a favorite and coffee and energy drinks have grown if popularity. the average kid drinks 60-70 milligrams like a 6-ounce cup of coffee or soda and we have the stories next hour. >> reporter: members of congress are having a field hearing in west virginia and investigating the chemical leak of tainted water for hundreds of people. michael sam publically announcing he is gay, if chosen during the draft he will be the first openly gay player. a second round of talks to end syria war beginning in geneva and the sides unable to reach a deal when they first met two weeks ago and justice department extending benefits for same sex couples and what they will get and what it means for states that oppose the legalization of gay marriage. in 8:00 th

u.s. citizen children and the children as soon as they are 21 can sponsor you. or you can have your employer sponsor you. host: how long can they wait before taking one of those patents? -- paths? guest: i think -- host: details need to be worked out. guest: they can be here indefinitely just under this stamp that says i'm here, i can work. there are some people who find that to be a little upsetting, but when i talk to undocumented immigrants from that is really all they want. get aea of being able to drivers license or not having to worry about being pulled over if you are driving without a license is amazing to them. a few tweets on our twitter page. guest: i mean, those are both very good points. one of the things i've been really fascinated with and talking to republicans in congress is they say they don't trust the president to enforce the law, but that they are very quick to say "we don't trust any president to enforce immigration laws." enforcing immigration law is really hard. it costs a lot of money and takes a lot of effort. it is not unlike the war on drugs were they just keep coming and you just keep battling them. it is a difficult thing to do and there

u.s. government earn any money by licensing technology that is developed in nih laboratories or by nih research contractors? if an investigator in our intramural program, an investigator who is on the nih campus, develops and patentsing, then that investigator and the nih will get funds if it is licensed. patentst get funds from and things that are developed at the university. 9/10 of our money goes out to universities and medical schools across the whole country. every state has nih funding. that case, the investigator and the university hold the orent and they get royalties income from their discoveries. host: joe, pennsylvania. caller: good morning. i was wondering, does your agency do any investigation into chiropractic manipulation injuries? the a survivor, one of luckiest people alive. we talked about many kinds of stroke, blood pressure, so on and so forth, but nobody talks about this. hope, somewhere along the line, you will open your chapter up and investigate that. many people are injured by chiropractors and their neck manipulation. chiropractic manipulation way that kind of dissection can a cure. that is a topic that we investigate, no matter what the cause is. itare interested in why occurs and what a